News

Reference is made to our announcements dated 18 August 2017 and 5 January 2018 pertaining to the Writ of Summons and Statement of Claim filed by Transnasional Express Sdn Bhd, Plusliner Sdn Bhd, Syarikat Kenderaan Melayu Kelantan Berhad, Syarikat Rembau Tampin Sdn Bhd, Kenderaan Langkasuka Sdn Bhd, Konsortium Transnasional Berhad and MHSB Properties Sdn Bhd (collectively, “the Plaintiffs”) against Tan Chong Industrial Equipment Sdn Bhd (“TCIE”), a wholly-owned subsidiary of Tan Chong Motor Holdings Berhad (“TCMH”).

TCMH wishes to inform that TCIE’s solicitors have just been informed that the Plaintiffs have filed an appeal with the Court of Appeal against the judgment of the High Court on 9 January 2018. TCIE will be discussing the above matter with their solicitors on the filing process to respond to the Plaintiff’s appeal at the Court of Appeal.

Further announcements will be made from time to time in respect of any material developments on this matter.

This announcement is dated 11 January 2018.